XTRA Bitcoin (XTRA Bitcoin) Effective Interest Rate on Debt % : 27.32% (As of Dec. 2011)

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What is XTRA Bitcoin Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. XTRA Bitcoin's annualized positive value of Interest Expense for the quarter that ended in Dec. 2011 was $0.06 Mil. XTRA Bitcoin's average total debt for the quarter that ended in Dec. 2011 was $0.21 Mil. Therefore, XTRA Bitcoin's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2011 was 27.32%.

XTRA Bitcoin Effective Interest Rate on Debt % Historical Data

The historical data trend for XTRA Bitcoin's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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XTRA Bitcoin Effective Interest Rate on Debt % Chart

XTRA Bitcoin Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Effective Interest Rate on Debt %

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14.53

8.20

9.36

15.72

XTRA Bitcoin Quarterly Data
	Dec06	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														26.47	-	35.20	-	27.32

Competitive Comparison of XTRA Bitcoin's Effective Interest Rate on Debt %

For the Capital Markets subindustry, XTRA Bitcoin's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

XTRA Bitcoin's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, XTRA Bitcoin's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where XTRA Bitcoin's Effective Interest Rate on Debt % falls into.

XTRA Bitcoin Effective Interest Rate on Debt % Calculation

XTRA Bitcoin's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2010 )	+	Total Debt (A: Dec. 2011 ))	/ count )
=	-1 * -0.043	/	( (0.342	+	0.205)	/ 2 )
=	-1 * -0.043	/	0.2735
=	15.72 %

where

	Total Debt (A: Dec. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.342
=	0.342

	Total Debt (A: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.205
=	0.205

XTRA Bitcoin's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2011 )	+	Total Debt (Q: Dec. 2011 ))	/ count )
=	-1 * -0.056	/	( (0.205	+	0.205)	/ 2 )
=	-1 * -0.056	/	0.205
=	27.32 %

where

	Total Debt (Q: Sep. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.205
=	0.205

	Total Debt (Q: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.205
=	0.205

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2011) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

XTRA Bitcoin (OTCPK:CBTC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

XTRA Bitcoin Effective Interest Rate on Debt % Related Terms

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